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than 2% a year, think again. >> for those that were previously reduced, we are required by state law, proposition 8, to restore the assessed value to reflect the improving market value when the market begins to turn around. >> reporter: let's say you bought your house five years ago for $800,000. that's considered your prop 13 base even if your value goes way up, your assessed value will go up no more than 2% a year. but prop 8 allows the county to reassess your property to reflect a lower market value, which means if your value declines, you'll get a lower tax bill. but here's the catch. if your home value jumps back up but it's still worth less than you paid, you could see a big property tax increase in this case 6.9%. >> it might be 2.1%. it might be 10% depending upon the market that's occurring in that specific neighborhood. >> reporter: while that increase may be a painful surprise, the county assessor larry stone says there's a silver lining. >> for everyone 1% increase in the property taxes, the property owner gains 99% in improved equity. >> reporter: he also says only 10% o
. >> the daughter's presence in law enforcement custody at the safeway wasn't enough for her to return to the seen so i didn't think the court or the people you would be comfortable if we release her she would come back to court. >> for the 10-year-old she is staying with her grandmother for the time being. agents are auditing the meat supermarket chain after complaints about suspected illegal immigrants working at the stores. the company has joined a federal everify system which checks immigration status of new hires. it made the announcement. the company is trying to send a message to the public. >> basically we've been out there just to educate them because the union and other groups are throughout spreading false information. it's really important that they know they have nothing to fear. >> there are stores in the central value. >> still ahead, an undocumented grim i grant receive as chance at a new life. his chance to get a transplant is over. also. >> i'm scott budman. apple watchers and customers look back and look ahead. >> plus, two of the hottest teams in baseball, the aids, we'll have
Search Results 0 to 1 of about 2